york. >> it's difficult. a some the summertime you end up with the flex alerts anyway because of air conditioner usage. it's a difficult problem. >> but an act of vandalism that is a story with legs this afternoon. that does it for us. . oil is still down, which is good news for gas prices, but maybe bad news for refiners and drillers. we'll have your trade. speaking of trading, the ceo of td ameritrade is here, what his clients are doing with their money. let's begin with mandy and the latest on the boston terror attacks. >> this is what we know at this hour. president obama says the fbi is

investigating the explosions as an act of terrorism. there were two confirmed explosives, authorities say the bombs appear to have consisted of an explosive and shrapnel packed inside a pressure cooker. there are no suspects in custody. three people killed in the blasts, including an 8-year-old boy. more than 170 injured. so let's get strayed to scott cohn, who is live in boston. what more do we know, scott, on top of what i just said. >> reporter: mandy, this is now a very active and very intense investigation. it's a complicated crime scene 12 blocks long. they're also looking at remote-controlled cameras that were trained on that finish line as ptn th street."

and she said that normally that is set up to make the runner feel good. >> it's always felt very secure and felt there's a lot of attendants around, but was it there before the race started, there in the evening? or how did it get to be there? >> gene schmidt is a former u.s. congresswoman from ohio. this is her fifth marathon. she knows about national security and she knows about marathon security. we asked her if the security was bad or the perpetrators were that smart? >> i think the security was outsmarted. that's the unfortunate thing. one of the things i learned in congress is terrorists are willing to take a path that is, um, the path of least resistance. >> the immediate concern here is trying to find out who did this. of course the concern for the many, many victims here, many of the injured, of course,

then there's the bond market, which isn't moving a lot, but the ten-year yield, closed at its lowest -- bob, rick and sharon, let's begin with stocks. is there relief down there on the floor that we didn't take another tumble? >> there is. i just want to show you, the s&p, we have a brought radially here, 4:1 advancing. in the last two days, worth day of the year yesterday. the second, third or fourth best day of the year depends on how we end up. dow not far from its highs. we had very good cpinbe. that's keeping that program going, that stimulus program. industrial production was also good, goldman raises gdp numbers. that's helping the stock market overjawed. economically, i was asked, and you mentioned gold, what's the

effect on the people buying gold producers. on this lower price here of 1300 and change. it depends. the average price right now is about 1200 to produce gold for an average market producer right now, but there are a lot of people who produce is a lot lower than that. here, low-cost producers well below 1200 an ounce. there's a lot of other people who produce it at levels higher than that average price. higher cost producers tend to be the smaller guys. kirkland, elgin, so there's a whole bifurcation action a lot of research says who will be able to produce gold, here's some of these miners. you can see the numbers are all over the place, because it's hard to get a lot of the research available. that's some of the things that people are talking about right now. brian? >> you were just talking about the worst day of the year for stocks yesterday. rick santelli, in terms of bonds, the ten-year yield hit a low of 1.69% yesterday, what is

this still us this. >> well, i think it's telling us several things, the fed has a huge position of treasuries, the fed continues to buy a huge amount, and china has the slowest growth in 13 years. i think that pretty much says it, we are 34 basis points off our lowest yield ever, which was july 24th of last year. or we get not velocity, we don't have to the worry about enflation and the new normal is 1.5 to 2 1/2% growth. my own personal opinion, we have

a glide past where we would see the reflection from t let's take a look at what decline. that's the redemption. we're now learning that the largest g analysts are still not convinced we saw a bottom here. in fact, goldman sachs lowered their stop on their shore position, and there's some analysts out there saying there is definitely further for gold to fall. the potential of where gold could go. now saying anywhere between 1350 or low as 1275 an ounce. we have not seen prices that lo since september of 2010. >> sharon, appreciate that. at least for one day, yesterday, cash was king. gold and stocks sold out, but nothing really surged. so unless money was going either to uncle sam for taxes or to meet margin calls, like mandy suggested, people were stockpiling greenbacks. good idea, or is cash while still safe not a good bet?

first to you, is cash king or is it the most unattractive asset out there right now? >> it's need. nothing beats it, i do think, though, investors can probably do better in the existing marketplace, so i think unless you're really risk averse or need the cash, you can probably do better. whether it's stocks or bonds, or even commodities as much as have been beating down lately. the question is, is where -- >> well, first of all, the children's hospital that michael just made. to me gold -- cash, parking spot. i think the concerns, of course, that during periods of

volatility. there's a tend anyto gravitate. cash is one of the places where you want to put money on a very short-term basis. now the real issue here is about what gold represents in terms of a safe haven. we've always argued that gold is not an up permeable, if protects against extreme outcomes. it protects against the basement of currency. again geopolitical risks. so you still need to have a mix within the portfolio and don't expect gold to be the all seasons kind of asset. >> is there any -- if not gold? >> i think what you have to look at this, we have to stop getting fixated on single assets. i think that's a really a mistaken approach. we have to look at the balance within a portfolio. there are certain assets i don't like to own. for example, i don't love owning treasuries. we talk about the fact that you have 1.7, i don't love to own them, but i still need to have

them as a part of my portfolio. the key is for the looking for single safe havens around events, but rather having a balance within the portfolio. you won't necessarily have your assets. >> michael, what is the most attractive asset class right now? >> i would great with pike's comments wholeheartedly. i think the sentiment against cold and commodities have been way overdone. investors are looking at sort of glass half full side of easy money and that's great for stocks in the short term. it's keeping the economy going, because the economy isself is experiencing anemic growth, but they're not looking at the negatives or glass half empty argument. that's as insurance, that's against a future inflation risk or uncertainty. the degree of liquidity we've created creates an inflation risk at some point. i can't tell you when. pressures in the immediatet

term. they're out there. and i think investors have not focus the on that enough. equities, as long as corporate earnings hold up are a good place to be. yields are strong and the s&p -- >> michael, will worpt earnings hold up? that's the key. >> that's the $64,000 question. you know, you have concerns about slowing worldwide economic growth. you have concerns about u.s. growth. i mean, look at the latest gdp numbers. look at unemployment. so if growth slows in the united states or goes into recession, if the worldwide economy does continue to slow down, then corporate earnings will have a much harder time keeping up. that's what's keeping the foundation of stocks right now. so investors looking for stocks or yield or safe haven, i think they ought to diversify their asset base. >> don't put all your eggs in one basket. thank you both for your commentary. on deck, oil continues to

drop. that is goods in for you, mr. and mrs. driver, but is it good news for oil drillers? refines shares, we're going to dig in. and $517 billion, that is the only number that you need to know when it comes to where this market is heading. find out what it means when we sit down with the crept off. testify d ameritrade. ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. governor of getting it done. you know how to dance... with a deadline.

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>> brian, it's a situation we're continuing to monitory. here's what we know so far. there were shots fired reportedly in south san jose around 1:45 a.m. pacific time. at around 3:45, 3:46, pge reported to the sheriff's office five transformers had been shot out. there was hazard outs material leaking, so now there's a flex alert, a relatively motte rat grade electricity response here. they're encouraging everyone to -- they have backup power sources that we they're cleaning up off-line as they fick the problem there. somebody shot out transformers. >> there's no shortage of dumb people in the wort.

37 those average daily client trades, report market-based revenue, and client assets are 517 billion. that is also a record. well, joining us from omaha, nebraska, is td ameritrade's president and ceo, friend of "street signs" always good to talk to you. all of those stats sound good, yet you say clients are still cautious, so why? >> we've seen this for, you know, three years in a row where the first part of the year we had a good run on the market. it seems to come off in the april/may/june time frame. so a lot of investors are still cautious about reentering the markets until they see more sustained conviction, and they concede some of the uncertainty clear. >> what is your outlook for trading. what is that going to tell us

about the retail investor, fred? >> well, they don't look for the trading environment, you know, it's better. it's certainly improved quarter over quarter. however, it remains fairly tepid. we're still cautious on trading volume, although yet when we saw some increased volatility in the market, our trading volume was north of 500,000, so a bit of volatility here in the market, with increased bullishness in the markets would be the best thing for our trading environment. we're likely to trade toward the low end this year. >> fred, i appreciate your cautiousness, right? probably good to be a little conservative. there's one number that stands out that says you may be more optimistic than you're letting on. you're advertising spend went up by $24 million year over year. you wouldn't be paying to advertise if you didn't think you could get more customers. >> well, that's absolutely true.

first off, it is a bit of seasonality in that number, so this quarter and the next quarter are two biggest advertising spending quarters historically, and will continue to be this year, but we delivered very strong organic growth and good new client trends. our assets gathered during the quarter were $13 billion, the second best quarter we've had ever in our history. combined with the first quarter, $29 billion year to date. that's a record for six months, about a 12% organic growth rate. so that advertising and our sales and service efforts continue to work for us. >> talking of being conservative, it's always good to have insurance right, fred? to what degree are you focusing on things like fee-based products and services, as insurance against any potential sluggish trading revenue? and more recently i'm building what we call market fee-based balances, which are really

12-b-1 fees and amer vest advising, and those revenues were up 38% year over year for the same quarter for the two years. we're very happy with that number. we've had very good sales of amer i vest. >> fred, always good to have you on the show. thank you for joining us. next up, oil prices continue to slide, crude below $89 a barrel. it's good news for drivers. is it good news for the shares of the drillers and refiners. we have a chart that probably says no. and more on the boston bombings. has america become too complacent when it comes to security. what else can be done to keep us safe? we'll try to answer those questions. carfirmation.

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you might think that lower crude prices would be a good thing for refiners, right? look at this two-year chart of crude versus valero. it looks to me a bit like they track. so if that keeps dropping, oil, does it prove the refiners' shares willlso keep falling? philip, you think -- mandy and i were just talking did you lower prices for crude might be good news for refiners, but for some reason the market doesn't seem to think so. how come? normally it is better for refiners when prices fall, because prices at the pump take longer to fall than when the crude does. what we have here is what's driven the strong performance up until recently was different grades the crude selling at big discounts. those discounts have narrowed, so that now valera has lost some of that advantage, because those prices are not getting as big a

discount. >> it's not just valero. for its pardon i think it had a fantastic run up, as did holly frontier. not the case anymore. refiners to me is the most volume tiff sector or group within the in university. they don't get to set the prior for what they sell. there's a lot of factors that make it a volatile business, so it's difficult for these companies. i think things will improve, because as some other capacity and things like that come off-line, it will change prices, so companies will start to perform a bit better again, but right now they're in a bit of a lull. >> your favorite pick is phillips 66, so what makes a refiner different than the other? it's a very fungible business. >> there's a couple ways to me that phillips differs. one it has a good management

team. i think it's better than valero's. another is phillips' refining business -- it's downstream business is different. they have chemical operations, and midstream operations. valero doesn't have that. so that allows phillips to benefit from other parts of the business and not just from producing gasoline i realize would it be fair to say that u.s. refiners still do have a competitive advantage over non-u.s. refiners for the simple fact you have cheap and natural gas, greater volumes of cheaper crude that's onshore, things are starting to look for them here as opposed to elsewhere? >> that's true true, mandy. they do have access to cheaper crude, but they have the ability to export. u.s. gas demand has come down a bit, but they're sending gasoline youth side the u.s.

that's helped them and what protected them. philip weiss, thank you for your thoughts. thank you, our earns squad digging into big up names and after the bell, we have their keys to the call and earnings numbers coming up. plus street talk, that's also coming up. ♪ ♪ here we are, me and you

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breaking news, more on this developing story around american airlines. arier we told you there were computer issues affecting the reservation system and check-in process. it's actually just gotten worse. american airlines grounding the entire fleet at their own request, not the request of the faa, because of their computer problems. apparently they were loading flights mannelly, the old way, versus check-in issues, now american airlines grounding the entire fleet by its own request to the faa. obviously there's more than 1500 flights per date, countless numbers of travelers on an airline that will be bought by

us airways. find a good bar in the airport where you're at, hunker up, a pint of beer, whatever your choice of beverage is, because it could be a long day. >> we'll keep on following this story. let's look at what's happening in "street talk." hitting five stock stories every single day. microsoft, a little pop from an upgrade. >> morgan stanley upgrading to an dwael weight. this is the re-assumption by the firm. their target 36 bucks, about 25% more up side from here. they say the market is overlooking self earnings dat list. >> we've also got dreamworks. >> beriley, kind of a small firm, but they're taking advantage of yesterday's decline in dwa, and upgrading the stock to a buy from a sell. that's a big upgrade, sell to buy. they established a target of 23 buck up from 14.50, slight le

below, they talked about the movie "the croods." >> did you see it with your boys? >> no, i left them at home -- of course i brought them. >> and i don't have the attention span for a movie. b. riley upgrading dreamworks. let's make it a trifecta of upgrades. owens-corning in the mix as well. >> not a big move, but up 1.5%, but a big firm behind it citigroup upping it from a buy to a neutral. good timing, though, because this put the upgrade out this morning better the gigantic housing numbers. well beat. o.c. up about 10% over the past year. not bad. remember with his fargo downgraded owens corning back on february 25th. >> are we done with the

upgrades? let's move on to the ouch stocks. one of them is mac-cali. you they're cutting their quarterly dividend by 33% in an effort to save cash. payout is now 33 cents a share, going to save them about $13 million a quarter, they said weak demand for office space, sort of a new england, northeast-based company, impacting its business. so no office boom in new jersey, apparently. this is a company you don't often hear about, we've some edgesed it a few times. >> this has a huge gainer. up over 500%, but not day. down 13.5%. the they're reviews the safety and efficacy of the muss alaska dystrophy drug. i wrote that and still don't

know how to didsh units now el know how herb greenberg feels every day. the drug not even formally filed for approval, and the fda -- some see it as good news, maybe the fda may give them a larger indication of using for the drug i can't pronounce. >> 444%. that is not a typo. that is the real number. unbelievable. >> well, i can't pronounce it. topeka capital markets making calls on both google and yahoo! initiating coverage on both with buy ratings, and 950 and 30 pry targets. google is up a bit today. yahoo! down. victor anthony at topeka capital. your targets imply 20% more up side. 25% more up side for yahoo! stock. first off with google, make the case of how it's going to get to

950. >> well, you know, i see google taking share of overall advertising budgets. grows from roughly 7% to roughly 10% by 2015, so a continuation of mark share gains. that will be driven by becoming a bigge p of advertising budgets. that's going to be driven by the display advertising as well. google is making a big push in display. and as well, i think mobile advertising will become more of a tailwind for google as opposed to the headwind it's been. so you put that together, you see nothing but a bright future -- how big is voice search in many different languages? how big is that going to be as the next long-term growth driver for this stock? >> yeah, you know, i pointed that out in my initiation report. i think it will be a huge long-term driver, that's going to be driven by the penetration

of mobile devices, so roughly 70% of all smartphones globally have the android operating system loaded onto it. that gives google a position in terms of wood search all across the globe. i think the real opportunity is really with embedded systems, putting it into translation software into automobiles, misdemeanor devices and advertising against those, as well as additional fees, so i think ultimately by 2013, i'm forecasting roughly $8 bill chron of additional retches for google back then. discount that back today, that's another 10% up side to the stock. >> and let's move on to yahoo! victor. how do you know that google is not the next yahoo!? not a lot of barriers to entry in this business. not sure exactly how much they have? what aboutia shoo? what makes them attractive enough to have a 25% gain in

their stock? >> nigh outlook is predicated on my valuation for the ali baba asset. shared ipo in 2014, i think that range would be anywhere from 75 to roughly 80 billion. i see roughly 30 $per share value for yahoo! over the next year. >> just let me clarify on that. you're saying bakley it's because of the valuation of the stake in ali baba, not because you're particularly convinced about marissa mayer's turnaround? >> i'm not convicted in the succeeds of a turnaround, only forecasting 2% top line growth. 3% ebitda over the next three years, so not robust numbers. however, you know, i am optimistic, keeping an open mind. she does have a tremendous successful track record, does have the ability to bring over

executives over to yahoo! and she's had success along those lines to day. so i'm going to wait and see what she says tomorrow. i think tomorrow in terms of how she plans to drive, use the engagement on the website, which is the core issue. >> victor, we have to leave it there. thank you very much for joining us. very interesting piece of commentary by eric schmidt of google action saying our goal is to reach everybody. he sees 2 billion people using android phones, because they'll be cheaper, cheaper, you have emerging markets using android phones. >> and then two things on google though, too. obviously they get that big, someone will sniff around to have ig to break them. >> why do we assume that search will be the way it is now in five years? google's entire business model is search, could be wiped out in five years if search fundamentally changes. >> yep, could be a new plan we

haven't even talked about. still ahead on requesting streets signs" the earnings squad is back. they have three companies that need to be on your radar before they report. first straight out to bill griffeth. >> yeah, we're looking at a whole new world of search, mandy -- i'm kidding. we have a huge two hours ade. larry fink manages more money than the fed. he will tell us exclusively where he thinks the market is heading. and we'll check the health of the global economy. frederick smith, they have their finger on the pulse of that world economy, and we get an all-star panel on strategists on how you should by trading today's comeback in stocks and gold. we look forward to seeing you at the top of the hour on "closing bell" mean time qug'ing" street signs is back" after this.

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i'm hampton pearson in washington. updating the news we gave you earlier from the faa and american airlines that all american airlines flights have been grounded at the carrier's request. there's a groundstop specifically at the major hushs, dallas ft. worth, laguardia and chicago o'hare primarily due to

computer issues. american airlines say they're experiencing a nationwide outage with the reservation system, delays a number of flights. all american flights, nationwide at the carrier's request until 5:00 p.m. eastern time. i'm hampton pearson reporting live in washington. welcome to the earnings squad, where we dissect the stories that everyone is talking about to help you trade. eye along with my squad partner herb greenberg, and today we're joined by mary thompson. 42 s&p companies have reported so far, 67% beating estimates. we've heard from the financials, but now we are jumping into the first big tech companies as well. intel reporting earnings in just a few hours, investors eager to hear from the chip maker after idc reported that global pc shipments plunged 14% alone. so herb, it wasn't just idc, we

got sia numbers too which spelled trouble. >> the issue for intel is what are they going to go to encore. if you look at margins which collapsed in the prior quarter, that is the number. that's always been the number for intel. but you take a look at other issues bill flecken stein talking about cap ex. what are they doing with that? he expects that to be cut. you look at the trend in sales, not that great. will they say anything about the ceo's succession, what is coming out of this thing that will jump start or shore up, by the way, just slightly -- intel's problem has been that it's always been poorly positioned, but they do have this hazwell pcu, and with the advent of the touch-screen pcs later this that's seen as a catalyst. some analysts were flagging the problems with the production of the hazwell, so problems with

production, with the next catalyst, that all spells problem. the magic combination that intel has potential going for it is the expectations having lowered basically to the ground. there's record high shortages. >> low expectations, high short interesting, and pow, you can have up side to this stock. that potential what we could be looking for. let's talk csx reporting after the bell today. the first railroad to release. and all of that, but it is a true read-through when it comes to the health of the coal industry. we know shipments have been down. the thing with csx, that's potential good for managing -- they had a mid quarter update. we already know that coal volumes were down 14%, so the expectation there is coal will be lower, the things that price per pdu went up. will we start seeing that?

the shipments. >> one of the things that the company keys tell investors 80% of our business is not coal. what are we going to see from the computer merchandising, the housing industry is part of the growth. in theory you could have whatever -- >> intermottal, which is rails to trucks, trucks to rail, as well as chemicals with all the oil and gas shipping around, those are expected to be offsets to the weakness that we could see in the coal area. >> is it enough? >> those are the big questions, and how will this set the table for a lot of the other names, including kansas city southern as well as united pacific, which both report this week. mary, you're looking at tomorrow. >> tomorrow. >> into mattel is ahead of the bell. >> a bit of old school here. the company is expected to be up over 40%, so healthy quarter. nine cents a share. but the reason behind the increase is its acquisition of

h.i.t. entertainment back in 2011. revenue expected to increase as well. first of all, way the toy maker held helped by the early easter, but was it hurt by the higher payroll taxes and higher unemployment? what's the contributions from h.i.t. entertainment? that is thomas the tank for those of you who don't know, i had to look it up, and there's been a decline of barbie in the last three quarters. >> monster high, that's expected to be a catalyst as well, in case you didn't know, i know brian and mandy are acquainted with monsters high. if you want to join the conversation, we'll be back tomorrow morning with more updates. i see you tonight on "fast." street signs is back after this. (announcer) scottrade knows our clients trade

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boston was a terrible reminder about our safety. some say we could be more vigilant. others say, this is just the new normal that, unfortunately, many of us may have to live with for the rest of our lives.

let's bring in david ropeak, a risk expert. some say up the security, others say, this is the way it's going to be and in level of security is going to solve these kinds of problems going forward. >> well, first to the solving these kind of problems going forward, what was done here was pretty easy to do. society would have to be on super high alert to catch everybody who wanted to pack some ball bearings around a pressure cooker and drop it in a trash can. and there was ample security in boston. they had bomb-sniffing police dogs in that area right up to about an hour after the finishers, or the winners go through, because that's when the crowds are the biggest. so we'd have to be on high alert to be as vigilant to catch all these sorts of things, and that's not how the human experience goes, pardon me for running on here. if you look at our fear level, it's mostly like this and then

there's a blip when we get scared, after 9/11 and everything else, the blips go up and then we go back to normal, because it takes calories, literally, brain calories to pay attention to anything and stress calories to worry. that's expensive on the normal course of affairs, so we go back into a we're mostly safe, which we mostly are mode, most of the time, and then only in these moments do we ask, are we vigilant enough? >> so would you say it's not -- >> there's never enough. >> so you would say, it's not so much that we've become complacent, it's just that we have to get on with life? >> yeah, when you say the new normal, excuse me, the new normal is an interesting phrase. sick, mentally deranged people have been hurting people for all of human history. they're better at it now and we hear about it more because there's cnbc out there and there are crowder places so they can her a lot more people. the new normal may be the media age we're in. this behavior is not new to

humans and we respond to risky things all the time the same way. we get super freaked out. there was a plane that was called back to the gate today at boston's logan airport because some marathoners and marathon observers were flying home and they heard two men on the plane speaking arabic. now that's repugnant to all of us, but that's the new normal at the moment and most 9/11 and post the london bombings and spanish train bombings, we go back to the normal so we can live our normal lives. >> david, we have to live it there but thanks very much for those interesting comments. >> thanks for your interest. >> the overwhelming social media response is a huge part of this story. julia boorstin has been tracking the response and she joins us now. what have we learned, julia. >> there were more than 1.5 million tweets mentioning boston after 4:30 p.m. eastern yesterday, and this is the first disaster since twitter launched its video sharing service, vine.

this six-second video clip was not just retweeted tens of thousands of times, but it also aired on tv and was posted across the web. the boston police used twitter to solicit clues as the to what happened. tweeting updates and asking people to e-mail in photos and video and to call in tips. google built a person finder page to help runners and their families find each other. it's tracked more than 5,200 records, and youtube launched an officials spotlight page of explosions at the boston marathon to compile videos on the developing story. "the boston globe" has also playplay ed a key role, drawing six times it's normal traffic. the news site also set up a spreadsheet to help runners find a place to stay. and facebook became a destination for people to check in on friends and also share their sympathy. and as people continue to check for social media updates,

twitter is really providing the best way to get news direct from sources. brian, mandy, the nypd is tweeting about some of the changes it's making right now. >> julia boorstin, social media really making an impact here. thanks very much, julia. >> coming up on the "closing bell," former new york city mayor, rudy giuliani, he will respond to yesterday's bombings. next up, though, new details on the breaking news for american airlines. the company recommending all of its planes be grounded until 5:00 eastern time because their computer issue, mandy, this is not a good situation. >> it's not a good situation. we're going to get more on it, some commentaryst rary straight this break withes a guest. he can focus on his recovery. he doesn't have to worry so much about his mortgage, groceries, or even gas bills. kick! kick... feel it! feel it! feel it! nice work! ♪ you got it! you got it! yes! aflac's gonna help take care of his expenses. and us...we're gonna get him back in fighting shape. ♪

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none of them charge annual fees and all of them offer low cost investments. e-trade. less for us. more for you. this american situation is getting worse. complete ground stop of every american domestic flight. let's bring in flight aware's dan houston who we met last week. this has got to be a nightmare for all the thousands of people traveling on american airlines today. >> that's right. it's certainly in the tens of thousands and it's possibly over 100,000 people. so american announced at 1:00 that they were having operational issues with some computer software that operating their check-in and reservations and some of the weight and balance and other operational issues. so at 1:00, they basically stopped dispatching new flights, stopped boarding new flights, stopped allowi ining people to k in. and they've announced they're not going to resume new flight

operations until 5:00 eastern. now, flights in the air are okay. they're not having to land any planes that are already in the air. but basically, no one's able to buy a ticket, check in, or board a plane. so everything for that four-hour period is delayed. >> american airlines has said that they apologize to their customers for the inconvenience. when you think about it, it doesn't really cut it, right? is there going to be a discussion of any kind of compensation for all of the thousands of people that are stranded as a result? >> that's a good question. a lot of times in these circumstances, the airlines have to say, okay, you bought a nonrefundable ticket, but this is a multi-hour delay that was our fault, we're going to let you cancel it. and this could be a lot of people. this is a busy day in the middle of the week, in the afternoon. we're talking about, looks like about 500 of their main line flights are affected in this time period, about 400 regional. so about 900 flights from 1:00 to 5:00. and don't forget, flights are going to have cascading delays all evening. so we're talking about 1,700 flights. so this could be over 100,000 people that are impacted.

don't forget, you can't buy a ticket right now. >> dan, we've got to leave it there. great stuff. thank you so much for joining us on "street signs". >> but they apologized for the inconvenience, so it's okay, america. please note sarcasm. thanks for watching "street signs". >> "closing bell" is next. hi, everybody. good afternoon. we enter the final stretch of trading for tuesday. this market is rebounding today, bill. >> i'm bill griffeth. yes, get this. the dow has been up 13 consecutive tuesdays this year, huh? not bad, right. >> you are full of stats. >> i know, like my friend giovanni gives it all to me. the market stabilizing, gold no longer in free fall as well. we'll be examining what's happening with this volatile market with some very special exclusive guests today. we have black rock c